Buying a Home With the Help of Mortgage Insurance
Prairie Eco-Thrifter
JANUARY 16, 2012
If you’re one of the many people who can’t afford to put down the preferred 20% down payment, then you will be required by the lender to get mortgage insurance. The Definition of Mortgage Insurance. Additional Benefits to Mortgage Insurance. In this economy, unfortunately, it may be the only way to prevent foreclosure.
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